All of the bank's equity, including the shareholding of Indiabulls Housing Finance (4.99%), Srei Infrastructure Finance (3.34%), Capri Global (3.82%) and promoter ownership of 6.8%, as well as stakes held by retail investors, are set to be extinguished as the draft scheme of amalgamation says that the entire paid-up capital of the bank will be written off.source https://economictimes.indiatimes.com/industry/banking/finance/banking/dbs-merger-lakshmi-vilas-banks-shareholders-set-to-contest-move-to-wipe-out-equity/articleshow/79294290.cms
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